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20131202
20131210
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CNN
Dec 6, 2013 3:30pm PST
. >> how can you claim we have rereduced regulation, whether it's under president bush or president obama. there's been an explosion of regulation burden. >> that's what we are starting to reverse. we are starting to create the conditions for a prolonged expansion. it is far too weak, i agree with you on that point. we have the agreement here. >> i would start with expansion. >> listen, the governor brought up raising the minimum wage. i want to ask you about that. because here's what i don't understand, and i think most republicans don't understand. if the walmart in, say, rural north dakota that services four towns and employs half the population is forced to double its wages, its salaries, and then that walmart decides to cut its labor staff and raise prices on the rest of the community, who is that helping? >> well, that's not what happening when you raise the minimum wage. >> of course it is. >> no, it doesn't. what happens is you put more money into people's pockets, workers' pockets. they go out and spend that money. that has a stimulating effect on the economy. >> with no repercus
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